We sent two journalists at the Villa d'Este Concorso d'Eleganza near Lake Como in Italy, an event sponsored by BMW with a very nice array of classic BMWs: 5 M1s out of the 399 produced and various other models like the original 3.0 CSL. Now, look at what they stumbled upon: the new BMW M1 Concept.

We suspect that the body hides the M5/M6 5L V10 and is BMW's counter-strike to Audi's R8 and Mercedes SLC.